1216 9th Avenue
About This Property
As you arrive you'll see the NEW steps leading to the inviting front porch with all NEW Azak decking from which you'll enjoy the pink sunsets of the Jersey Shore. The minute you walk in you'll love the NEW floors that cover the entire home. You'll start by entering the living room room, from there the hallway leads you to the ample and elegant dining room, which connects to the all white kitchen, and then to the Den.
The kitchen is the one you always dreamt about: all NEW cabinets, NEW black and white granite countertops, New beautiful backsplash, NEW stainless steel appliances, and a breakfast bar overlooking the Den.
The Den has sliding doors to the 150ft deep lot.
There's a NEW powder room and a laundry room with NEW washer and dryer included.
The upstairs offers 3 bedrooms with wood floors and a new bathroom.
Not many new homes are available to buy, so grab it before it's gone!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by VRI Homes | $349,500 | |
| Listed by VRI Homes | |||
| Dec 23, 2019 | Sold | ||
| Sold | |||
| Jun 3, 2019 | Listed by ERA Central Realty Group | $175,000 | |
| Listed by ERA Central Realty Group | |||
| | |||
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*Calling All Investors/Handy Man**Home Needs Work*Three bedroom 1.5 bath home with LOTS of potential. Property being Sold ''AS IS''
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Property Highlights
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About Neptune
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$3,250 /mo
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$3,500 /mo
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22028264
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Address: 335 Madison Avenue, New York, NY 10017